Chuck Grassley: “The bill does not affect amounts paid or incurred in performing routine audits or reviews such as annual audits that are…”

“The bill does not affect amounts paid or incurred in performing routine audits or reviews such as annual audits that are required of all organizations or individuals in a similar business sector, or profession, as a requirement for being allowed to conduct business. However, if the government or regulator raised an issue of compliance and a payment is required in settlement of such issue, the bill would affect that payment.”